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Lawmakers hear arguments on school start dates

Having a uniform starting date for schools in late August or early September would save schools money and give families
and kids more prime vacation time, several parents told an interim legislative committee Wednesday.

Indiana governor expresses green-energy doubts

Indiana Gov. Mitch Daniels told a conference of industrial energy customers that the pursuit of green jobs and alternative fuels could increase energy costs without improving the environment.<

Irsay joins ranks of nation’s wealthiest

Indianapolis Colts owner Jim Irsay has joined the ranks of the richest Americans, earning a spot on this year’s Forbes
400 list of the nation’s wealthiest people.

Proposed Medicaid change splits state nursing homes

The Indiana Division of Aging wants to change Medicaid rates to nursing homes to reward quality care and penalize the lack
of it, leaving the industry divided over whether to support the groundbreaking rule or to seek revisions and a slower phase-in.

FDIC fee hitting small banks particularly hard

Fees imposed on U.S. banks to rebuild a Federal Deposit Insurance Corp. fund nearly depleted by scores of bank failures is
expected to sap profits of small financial institutions. Community banks with less income than their larger counterparts are
particularly at risk of having their 2009 earnings erased by the charges after an emergency fee on banks took effect June
30.

Waterworks proposes 35-percent rate hike

The Indianapolis Department of Waterworks today unveiled a capital-improvements proposal that would raise water rates for
the average residential customer by 35 percent, or $8 a month.

London hedge fund sues Brightpoint over failed acquisition

A London-based hedge fund has sued Brightpoint Inc. over a $10 million loan it alleges the Indianapolis-based cell phone distributor
fraudulently brokered in anticipation of an acquisition in France that never materialized.

Dow Agro to become Purdue research tenant

Officials of Purdue University and Dow AgroSciences unveiled a collaboration Wednesday in which the Indianapolis-based company
will become one of the largest tenants at the Purdue Research Park in West Lafayette.

Renovation planned for former Buick showroom

Builder and developer Shiel Sexton is renovating an historic former Buick showroom that most recently served as a self-storage
facility into LEED-certified office space.

Indy housing market getting some traction

The grueling years of the housing downturn in the Indianapolis area appear to be over, a real estate veteran says, but a full
recovery is one to two years away.

Purdue student-inventor nabs VC on TV show

A Purdue University student who invented a soy-based modeling dough walked away with a $300,000 investment after appearing
Tuesday on the ABC show “Shark Tank.”

City becomes hub of ‘cryo-cooling’ for truck trailers

Indianapolis is the new operating headquarters of a Ukrainian-American venture producing refrigeration units for semi trailers.
The move comes with the naming this spring of Thomas Roller as president and CEO of Ukram Industries. Roller is known locally
as former CEO of Indianapolis-based Norwood Promotional Products and of Fruehauf Trailer, which was based here in the 1990s.